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Ukrainian GDP fell 15-15.5% in 3rd qtr, says top NBU advisor
Journal Staff Report

KIEV, Oct. 19 – The year-over-year fall in Ukraine's GDP in Q3 reached some 15-15.5%, according to Valeriy Lytvytsky, the head of the group of advisors to the National Bank of Ukraine governor.

"In Q3, 2009, GDP will be less than in Q2, 2009. I estimate it at 15-15.5%; and the slowing of the pace against the previous quarter could be higher," he told Interfax-Ukraine.

He said that an analysis of the tentative statistics for sectors that contribute around 65% of GDP were the basis for the predictions.




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